Watchstone Group PLC Holding(s) in Company (4844Z)

TIDMWTG TIDM42SB

RNS Number : 4844Z

Watchstone Group PLC

15 March 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                       Watchstone Group plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  --------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
---------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                    X 
--------------------------------------------------------------  ------------------------------ 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
--------------------------------------------------------------  ------------------------------ 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
--------------------------------------------------------------  ------------------------------ 
 An event changing the breakdown of voting rights 
--------------------------------------------------------------  ------------------------------ 
 Other (please 
  specify): 
-------------------------------------------------------  -----  ------------------------------ 
 3. Full name of person(s)                                    The Goldman Sachs Group, Inc. 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s)                                Goldman Sachs International 
  (if different from 3.):(iv) 
---------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                           10 March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                              14 March 2017 
  notified: 
---------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are                                             Below 3% 
  crossed or 
  reached: (vi, vii) 
---------------------------------------------------------  ----------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------ 
 Class/type        Situation previous              Resulting situation after the 
  of                to the triggering               triggering transaction 
  shares            transaction 
 
  if possible 
  using 
  the ISIN CODE 
----------------  ------------------------------  ---------------------------------------------------------- 
                   Number          Number          Number    Number of                % of voting 
                    of              of             of         voting                   rights (x) 
                    Shares          Voting         shares     rights 
                                    Rights 
----------------  --------------  --------------  --------  -----------------------  ----------------------- 
                                                   Direct    Direct   Indirect        Direct   Indirect 
                                                             (xi)      (xii) 
----------------  --------------  --------------  --------  -------  --------------  -------  -------------- 
                                                                          Below                    Below 
   GB00BYNBFN51      2,738,825       2,738,825                              3%                       3% 
                  --------------  --------------  --------  -------  --------------  -------  -------------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------ 
 Type of           Expiration      Exercise/                 Number of voting         % of voting 
  financial         date            Conversion                rights that              rights 
  instrument        (xiii)          Period (xiv)              may be 
                                                              acquired if 
                                                              the 
                                                              instrument 
                                                              is 
                                                              exercised/ 
                                                              converted. 
----------------  --------------  ------------------------  -----------------------  ----------------------- 
                                                                    Below 3%                 Below 3% 
----------------  --------------  ------------------------  -----------------------  ----------------------- 
                                  C: Financial Instruments with similar economic effect 
                                                     to Qualifying Financial Instruments 
                                                                               (xv, xvi) 
   ------------------------------------------------------------------------------------- 
                                    Resulting situation after the triggering transaction 
   ------------------------------------------------------------------------------------- 
        Type of   Exercise   Expiration     Exercise/        Number of       % of voting 
      financial      price         date    Conversion    voting rights      rights (xix, 
     instrument                                period       instrument               xx) 
                                                             refers to 
   ------------  ---------  -----------  ------------  ---------------  ---------------- 
                                                                         Nominal   Delta 
   ------------  ---------  -----------  ------------  ---------------  --------  ------ 
                                                              Below 3%             Below 
                                                                                      3% 
   ------------  ---------  -----------  ------------  ---------------  --------  ------ 
------------------------------------------------------------------------------------------------------------ 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                           Percentage of voting rights 
------------------------------------------------  ---------------------------------------------------------- 
                    Below 3%                                               Below 3% 
------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------------- 
 
   N/A 
 
 Proxy Voting: 
---------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                         N/A 
-------------------------------------------------------  ------------------------------- 
 11. Number of voting rights proxy                                     N/A 
  holder will cease 
  to hold: 
-------------------------------------------------------  ------------------------------- 
 12. Date on which proxy holder will                                   N/A 
  cease to hold 
  voting rights: 
-------------------------------------------------------  ------------------------------- 
 
                                                          General email contact: 
  13. Additional information:                              [e-mail] 
-------------------------------------------------------  ------------------------------- 
 14. Contact name:                                        Peter Chisholm 
-------------------------------------------------------  ------------------------------- 
 
 15. Contact telephone number:                             [phone] 
-------------------------------------------------------  ------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 15, 2017 03:01 ET (07:01 GMT)